U.S. commercial banks and savings associations reported total trading revenue of $9 billion in the third quarter, down $5.7 billion – or 38.9% – from the second quarter, the Office of the Comptroller of the […]
Updates to the Servicemembers Civil Relief Act (SCRA) section of the Consumer Compliance Examination Manual (CEM) of the federal bank deposit insurer were released Tuesday, the agency said in an announcement. The Federal Deposit Insurance […]
The nation’s central bank has formally joined the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, a group of central banks and supervisory authorities formed in 2017 that supports the […]
Banks and savings institutions reporting small-business lending data under the Community Reinvestment Act (CRA) said they originated and purchased an aggregate $264.9 billion in such loans during 2019, according to data made available Monday by […]
A period of “no-action” relief for certain noncleared legacy swaps affected by “Brexit” – or the United Kingdom’s (UK) withdrawal from the European Union (EU) – and the expiration of certain “passporting” rights was announced […]
The Dec. 17 open meeting of the National Credit Union Administration (NCUA) Board is now a two-day meeting that will wind up Dec. 18 with board action on the agency’s 2021-2022 budget, according to postings […]
A firm based in Kansas City, Mo., that operates bad-check pretrial diversion programs on behalf of more than 90 district attorneys’ offices throughout the country is being sued by the consumer financial protection agency over […]
More information for the 15 banks due to submit targeted resolution plans, or “living wills,” by Dec. 17 plus final guidance for the resolution plans of certain large foreign banking organizations (FBOs) were issued jointly […]
The consolidated asset threshold in a rule that determines the dividend rate paid to Federal Reserve member banks will be $10.785 billion through 2021 (up $70 billion from the 2020 threshold) under a rule change […]
A charter for a group that advises the federal deposit insurance agency on economic inclusion was renewed Dec. 3 for another two years, according to a notice filed with the Federal Register. The Advisory Committee […]
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